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“These are both welcome measures in the A-share market.”
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“There's no pricing capacity for anything. Food prices are falling; manufactured prices are seeing stagnation at best.”
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“You have the foreign capital coming into China in the form of QFII. That's also positive for the A-share markets.”
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“China has a long way to go. The government has yet to bring Chinese refined product prices up to international levels. They are about 40 percent lower than the U.S..”
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“There is a lot of pressure on Chinese manufacturers.”
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